In today’s briefing:
- Meeting SPX and NDX Buy Levels
Meeting SPX and NDX Buy Levels
- Cycle: Near term pullback a buy for a push into late June/early July (cycle has shifted right). Equities remain well supported. Increased volatility expected in July.
- Met the SPX 4,370 buy level with firmer support at 4,350. Rally bias for a minor new high in the coming week+.
- Measuring rally momentum for signs of a bigger stall cycle in July.
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